CRAIGS COTTAGE, SALTBURN ROAD, BROTTON, SALTBURN-BY-THE-SEA, TS12 2PJ - £155,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CRAIGS COTTAGE is a very large extended detached house of 129m², built sometime between 1967 and 1975, which could now be worth an estimated £225,983. It was last sold for £155,000 in September 2014, which was around 14% below the average September 2014 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

CRAIGS COTTAGE Sold Prices

Land registry data shows two sales for CRAIGS COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two CRAIGS COTTAGE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 10 SEP	£155,000	£180,830	14% below HPI
1998 3 APR	£60,000	£78,626	24% below HPI

CRAIGS COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The two CRAIGS COTTAGE sales from April 1998 and September 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 1998 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2014 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might CRAIGS COTTAGE be worth now?

CRAIGS COTTAGE might now be worth an estimated £225,983.

This is based on house price inflation of 45.8%, between September 2014 and December 2024, for detached houses, in the Redcar and Cleveland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.8% inflationary increase is applied to the most recent sale price for CRAIGS COTTAGE of £155,000 on 10th September 2014. For the value to have increased from £155,000 to £225,983 over the nine years and nine months to December 2024, the following assumptions must hold true:

• The value of CRAIGS COTTAGE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The September 2014 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of CRAIGS COTTAGE has not materially changed since September 2014.

How Large is CRAIGS COTTAGE?

CRAIGS COTTAGE is 129m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 20% of detached houses houses in Brotton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brotton, and where CRAIGS COTTAGE lies on this distribution: 82% of detached houses houses are smaller than CRAIGS COTTAGE, and 17% of houses are larger. Note that EPC data is not available for all properties in Brotton.

CRAIGS COTTAGE: Plot and Title Map

CRAIGS COTTAGE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of CRAIGS COTTAGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of CRAIGS COTTAGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is CRAIGS COTTAGE?

CRAIGS COTTAGE is located on SALTBURN ROAD in BROTTON, in the TS12 postcode district. The below map shows the position of CRAIGS COTTAGE on SALTBURN ROAD.